Access Full Report @ Global Xanthan Gum market by application and region 2022.
The market size of global xanthan gum surpassed USD 870 million in 2015 and it is expected to grow with a CAGR between 6.5% – 7.0% during the forecast period of 2016-2022 and surpass USD 1300 million by 2022. Xanthan gum is a polysaccharide secreted by the bacterium xanthomonas campestris. Xanthan gum is commonly used as a food additive and food thickening agent especially in salad for instance. It is produced by the process of fermentation of various sugars such as lactose, sucrose and glucose or formed by adding powered polysaccharide into liquid medium to form gum. Moreover, it is used as a stabilizing agent in cosmetic and personal care product and also performs the function of lubrication in various drilling operations.
Increasing use of xanthan gum as an emulsion across wide applications such as salad dressing, toppings, relishes sauces, non-fat milk, dairy products and baked & frozen food coupled with growth in food and beverages industry are considered to be the key factors driving the growth of xanthan gum market. Moreover, rising cosmetic market and lower price of xanthan gum are likely to boost the growth of this market over the forecast period. One of the key restraints of xanthan gum market is reinforced anti-dumping policies by U.S and other developed economies and supply of mistrust quality of xanthan gum by china, which is leading producer of xanthan gum.
The report segments the xanthan gum market by application and by region. The market segmentation based on application includes major end user segment such as oil and gas drilling, food and beverages, cosmetic and personal care products and others includes pharmaceuticals, paper and coating etc. Moreover, oil &gas and food & beverages are the most lucrative end user segments and together accounted more than 70% of market share in 2015. Food and beverages is anticipated to be the fastest growing application of xanthan gum over the forecast period.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia Pacific, Latin America and Rest of the World (RoW). Asia pacific was the largest market for xantham gum and registered more than 40% of market share globally in 2015. Moreover, Asia pacific is the largest producer of xanthum gum owing to increasing demand for bakery and confectionary products from countries such as China, India, Malaysia, and Vietnam. In addition, increasing oil & gas production in china on account of their rising demand in automobile and chemical industries is projected to drive the dominance of APAC region over the forecast period. Following Asia pacific, North America is the most prominent region in xantham gum market and is anticipated to experience fastest CAGR over the forecast period. Recovery in pharmaceutical industry coupled with growing demand in food industry in this region is likely to drive the market growth over the forecast period.
The companies covered in the report include
- CP Kelco
- Fufeng Group Company Limited
- Cargill Inc.
- Archer Daniels Midland Company
- The Aurora Chemical
- Jungbunzlauer Suisse AG
- Hebei Xinhe Biochemical Co. Ltd.
- MeiHua Holdings Group Co.Ltd
- The Zoranoc Oilfield Chemical
- Solvay S.A.
- FMC BioPolymer.
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The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of xanthan gum globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of xanthan gum market. Moreover, the study highlights current market trends and provides forecast from 2016 to 2022. We also have highlighted future trends in the xanthan gum market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors in this market to understand the present and future trends in this market and formulate their strategies accordingly.
Table of Content
1. Report Overview
1.1 Report Description
1.2 Research Methods
1.3 Research Approaches
2. Executive Summary
3. Xanthan Gum Market Overview
3.2 Market Dynamics
3.7 Porter’s Five Forces Analysis
3.8 IGR – Growth Matrix Analysis
3.9 Competitive Landscape in the Xanthan Gum Market
4. Global Xanthan Gum Market, by Application, (USD Million) 2014 – 2022
4.2 Oil & gas
4.4 Food and beverages
4.5 Personal care product
4.7 Paper & coatings
5. Global Xanthan Gum Market, by Region, (USD Million) 2014 – 2022
5.2 North America
5.2.1 North America Xanthan Gum Market, by Application (USD Million)
5.2.2 North America Xanthan Gum Market, by country (USD Million)
5.3.1 Europe Xanthan Gum Market, by Application (USD Million)
5.3.2 Europe Xanthan Gum Market, by country (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Xanthan Gum Market, by Application (USD Million)
5.4.2 Asia Pacific Xanthan Gum Market, by country (USD Million)
5.5 Latin America
5.5.1 Latin America Xanthan Gum Market, by Application (USD Million)
5.5.2 Latin America Xanthan Gum Market, by country (USD Million)
5.6 Rest of the World
5.6.1 ROW America Xanthan Gum Market, by Application (USD Million)
6. Company profiles
6.2 CP Kelco
6.3 Fufeng Group Company Limited
6.5 Archer Daniels Midland Company
6.6 The Aurora Chemical
6.7 Jungbunzlauer Suisse AG
6.8 MeiHua Holdings Group Co
6.9 Hebei Xinhe Biochemical Co
6.10 The Zoranoc Oilfield Chemical
6.11 FMC BioPolymer
6.12 Solvay S.A.
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